The Egyptian Ministry of Supply announced an increase in the prices of ration commodities, starting from May 2023, which includes 32 items of commodities spent on ration cards.
Ramadan Al-Shahat, director of the media office at the Ministry of Supply, said that the prices of food commodities have not increased for about four years, and there are 32 food commodities distributed on ration cards.
He explained that the Ministry of Supply pumps 4,000 tons of sugar per day, 3,000 tons of oil on a daily basis, and 1,000 tons of rice.
The director of the media office at the Ministry of Supply added that “there are 36 million citizens who benefit through 9 million ration cards, from obtaining the 100 pounds that President Abdel Fattah El-Sisi directed until next June,” referring to the reasons for the high price of food commodities, referring to the global increase. Especially the oil.
Muhammad Abu Mandour, managing director of the Nile Company affiliated with the Ministry of Supply, confirmed that “the application of increasing commodity prices on ration cards began from the beginning of May 2023, and that these increases come on the cost price in order to provide the commodity, which are slight increases and that the state bears great support in the prices of these.” commodities”.
He explained that “supply prices have not moved since 2019, and that the state bears large cash support to provide food commodities, and there is no sugar at 10 pounds per kilo, or oil at 30 pounds, and there is no increase in the price of bread, and subsidies are still present on food commodities at more than from 50%”.
This article was originally published by RT.